Ethereum Core And Ethereum Classic For Dummies

If you’re bored of catching Pokemon and happen to have a lot of butter stored up, now is the time to break out the premium organic popcorn kernels and enjoy Fork Wars: Summer 2016 Edition.

As mentioned in the previous post: last week many miners, exchanges, and developers coordinated a hardfork of Ethereum. At the time there were lots of celebrations for having done something that flew in contrast to the views prominently held by the Bitcoin Core development community: namely that a fast hardfork can’t be done safely on a public blockchain.

Well, it has been done, but there were also some consequences. Some intended and others unintended. The biggest consequence — which was touched on in my last post too — was that there were now parallel universes: Ethereum Core (ETH) and Ethereum Classic (ETC).